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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PXD
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Red day on Friday for Pioneer Natural Resources stock after losing 0%
(Updated on May 17, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 16.44% PDF

No changes to the price of Pioneer Natural Resources stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 0% from a day low at $269.62 to a day high of $269.62. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock has broken the strong rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $276.22. A reaction back to this level may hold a second chance to get out before further falls.

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PXD Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 0.732%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Pioneer Natural Resources stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $269.62 and $270.46. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Wednesday, April 24, 2024 and based on theory for this formation the price should fall by -2.79% to $262.10 within 10 trading days since signal was issued (Monday, May 20, 2024).

Support, Risk & Stop-loss for Pioneer Natural Resources stock

Pioneer Natural Resources finds support from accumulated volume at $267.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $252.41 (-6.38%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (PXD) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Pioneer Natural Resources Company to open at $269.62, and during the day (based on 14 day Average True Range), to move between $267.30 and $271.94, which gives a possible trading interval of +/-$2.32 (+/-0.86%) up or down from last closing price. If Pioneer Natural Resources Company takes out the full calculated possible swing range there will be an estimated 1.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $270.31 (0.26%) than the support at $267.66 (0.73%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Pioneer Natural Resources Company stock A Buy?

Pioneer Natural Resources holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Pioneer Natural Resources Company of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
$269.62 ( 0%) $269.62

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PXD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 269.62 .
R2 269.62 .
R1 269.62 .
Current price: 269.62
Support S1 269.62 .
S2 269.62 .
S3 269.62 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 273.60 1.48 %
R2 270.80 0.438 %
R1 270.31 0.256 %
Current price 269.62
Support S1 267.66 -0.727%
S2 249.96 -7.29%
S3 233.74 -13.31%

PXD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 01, 2024 Mar 22, 2024 $2.56 1.00%
2 Nov 02, 2023 Nov 29, 2023 Dec 22, 2023 $3.20 1.40%
3 Aug 01, 2023 Sep 05, 2023 Sep 21, 2023 $1.84 0.83%
4 Apr 26, 2023 May 31, 2023 Jun 21, 2023 $3.34 1.64%
5 Feb 22, 2023 Mar 03, 2023 Mar 17, 2023 $5.58 3.07%

FAQ

What is the symbol for Pioneer Natural Resources Stock and on which exchange is it traded?
The symbol for Pioneer Natural Resources is PXD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Pioneer Natural Resources Stock?
Pioneer Natural Resources holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Pioneer Natural Resources Stock?
Pioneer Natural Resources Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Pioneer Natural Resources Stock.

What's the current price of Pioneer Natural Resources Stock?
As of the end of day on the May 17, 2024, the price of an Pioneer Natural Resources (PXD) share was $269.62.

What is the 52-week high and low for Pioneer Natural Resources Stock?
The 52-week high for Pioneer Natural Resources Stock is $278.83 and the 52-week low is $196.88.

What is the market capitalization of Pioneer Natural Resources Stock?
As of the May 17, 2024, the market capitalization of Pioneer Natural Resources is 63.003B.

When is the next earnings date for Pioneer Natural Resources?
The upcoming earnings date for Pioneer Natural Resources is Jul 30, 2024.
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About Pioneer Natural Resources Company

Pioneer Natural Resources Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. As of December 31, 2021, the company had proved undeveloped reserves and proved developed non-producing reserves of 130 million barrels of oil, 92 million barrels of NGLs, and... PXD Profile

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